Business/Financial
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Business/FinancialLockheed Martin Makes Bid For Terran Orbital Valued at $606 Million
Lockheed Martin [LMT] on Friday after the close of the stock markets quietly disclosed that it had offered to acquire Terran Orbital [LLAP] for an enterprise value of $606 million, […]
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Business/FinancialBigBear.ai Closes $70 Million Acquisition Of Pangiam, Adding To Computer Vision Expertise
BigBear.ai [BBAI] last Friday said it has completed its $70 million all-stock purchase of Pangiam, combining the two companies’ capabilities and expertise in artificial intelligence-based computer vision. The deal was […]
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Business/FinancialBlackSky’s 45% Revenue Growth in 2023 Fueled by International Customer Gains
BlackSky Technology closed out the 2023 fiscal year with record high revenues, new international customers, and a growing demand for the future. The company reported 2023 financials on Wednesday. BlackSky’s total […]
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Business/FinancialRocket Lab Grows Revenue 16% in 2023, Debuts Spacecraft Bus Lineup
Rocket Lab grew revenue 16% in 2023 year-over-year, and the company announced its fourth quarter financials on Feb. 27, along with an official lineup of its family of spacecraft buses. Rocket […]
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Business/FinancialMetallus In $99 Million Deal With Army For Expand Metals Capacity For Artillery Shells
Metallus [MTUS] on Tuesday said it has entered an agreement with the Army for up to $99 million to expand the company’s capacity to produce specialty metals used in the […]
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Business/FinancialBWXT Earnings Rise in 2023, Fourth Quarter; DoE Award a ‘Wild Card’
Earnings rose at BWX Technologies [BWXT] for 2023, which the maker of nuclear naval reactors and manager of nuclear weapons sites attributed Tuesday mostly to favorable adjustments on government contracts. […]
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Business/FinancialFrench RF Satellite Solutions Company Unseenlabs Raises $92 Million In Funding Round
Unseenlabs on Tuesday said it has closed a $92 million funding round that will help the company further expand its observation capabilities with an expanding constellation of radio frequency sensing […]
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Business/FinancialGaramendi, Warren Ask DoD For Clarity On Defense Mergers And Acquisitions
Concerned about over consolidation of the defense industrial base (DIB), a pair of Democratic House and Senate members last week asked the Defense Department a series of questions about the […]
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PentagonACMI To Establish Munitions Campus In Indiana
The American Center for Manufacturing & Innovation (ACMI) last week said it will establish a campus in Indiana devoted to technologies for munitions as part of a Defense Department program […]
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Advanced / Transformational TechnologyGlobalFoundries Would Expand Chip Manufacturing For Defense, Other Industries With $1.5 Billion Federal Investment
The Biden administration on Monday announced a potential $1.5 billion direct investment with semiconductor manufacturer GlobalFoundries [GFS] to expand computer chip production capacity in the U.S. in support of industries […]
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